![The Demand for Money](http://s1.studyres.com/store/data/008215716_1-1274193851cb1683091b7cf27af6fe3d-300x300.png)
The Demand for Money
... financial assets that mature within six months or less. Long-term interest rates are interest rates on financial assets that mature a number of years in the future. ...
... financial assets that mature within six months or less. Long-term interest rates are interest rates on financial assets that mature a number of years in the future. ...
The Environment and Natural Resources
... other uses. Since 1990 the national planted area of major upland and rainfed crops such as corn has declined somewhat, but this is due more to the conversion of land to other crops and to non-agricultural uses than to a contraction at the land frontier. Deforestation has both direct and tangible eco ...
... other uses. Since 1990 the national planted area of major upland and rainfed crops such as corn has declined somewhat, but this is due more to the conversion of land to other crops and to non-agricultural uses than to a contraction at the land frontier. Deforestation has both direct and tangible eco ...
Abstract - African Development Bank
... we use the trade-weighted annual growth of all trading partners as a measure for external shocks. These studies draw the conclusion that output volatility in partner countries has a positive effect on exporters’ GDP volatility. Jansen et. al (2009) examine the role of foreign demand shocks in partn ...
... we use the trade-weighted annual growth of all trading partners as a measure for external shocks. These studies draw the conclusion that output volatility in partner countries has a positive effect on exporters’ GDP volatility. Jansen et. al (2009) examine the role of foreign demand shocks in partn ...
PPT
... on equipment and software up almost 14%. Business profits were up almost 9% for the first quarter. • The Federal Reserve is expected to continue monitoring these results closely after the recent increase in inflation. ...
... on equipment and software up almost 14%. Business profits were up almost 9% for the first quarter. • The Federal Reserve is expected to continue monitoring these results closely after the recent increase in inflation. ...
A r t i c l e s
... prerequisite for determining appropriate policy settings. As it strives to maintain low and stable inflation, monetary policy aims to ensure that the level of aggregate demand does not deviate substantially from the economy’s supply capacity for sustained periods of time. The more the central bank k ...
... prerequisite for determining appropriate policy settings. As it strives to maintain low and stable inflation, monetary policy aims to ensure that the level of aggregate demand does not deviate substantially from the economy’s supply capacity for sustained periods of time. The more the central bank k ...
4. S D upply and
... heading into the second half of the year is whether this trend will be permanent or not. Leading indicators signal that the slowdown in the second quarter will not turn into a long-term recession. However, given the lagged effects of the policy measures and the pace of slowdown at the global scale, ...
... heading into the second half of the year is whether this trend will be permanent or not. Leading indicators signal that the slowdown in the second quarter will not turn into a long-term recession. However, given the lagged effects of the policy measures and the pace of slowdown at the global scale, ...
Per Capita Income, Demand for Variety, and International Trade
... product di®erentiation and increasing returns to scale in production can give rise to trade even in the absence of comparative advantage. In particular, these models predict that the volume of trade should be large between countries with large and similar market size, as measured by GDP. However, on ...
... product di®erentiation and increasing returns to scale in production can give rise to trade even in the absence of comparative advantage. In particular, these models predict that the volume of trade should be large between countries with large and similar market size, as measured by GDP. However, on ...
Introduction to economic anlysis
... a) Suppose the Government imposes a tax of € 300 per bicycle to be collected from the sellers. After the tax, what has happened to the price paid by the buyers, the price received by the sellers, and the quantity sold when compared to the market equilibrium before the tax? b) Now suppose that the ta ...
... a) Suppose the Government imposes a tax of € 300 per bicycle to be collected from the sellers. After the tax, what has happened to the price paid by the buyers, the price received by the sellers, and the quantity sold when compared to the market equilibrium before the tax? b) Now suppose that the ta ...
View/Open
... assessing future likely economic changes due to upcoming or hypothesised policy shocks such as those brought about by EU enlargement. It entails the main advantage of considering the complex simultaneous linkages, interactions and feedback effects between various sectors, institutions and factor res ...
... assessing future likely economic changes due to upcoming or hypothesised policy shocks such as those brought about by EU enlargement. It entails the main advantage of considering the complex simultaneous linkages, interactions and feedback effects between various sectors, institutions and factor res ...
The Research on the Paths and Choices of Strategies About
... Implementation of circular economy requires a lot of capital investment, and needs capital accumulation under the economic development to a certain degree or borrows external funds to invest. In the situation that traditional economic model has not been fully or mostly exited, Carrying out the circu ...
... Implementation of circular economy requires a lot of capital investment, and needs capital accumulation under the economic development to a certain degree or borrows external funds to invest. In the situation that traditional economic model has not been fully or mostly exited, Carrying out the circu ...
Uvanlige tider - e-Markets Nexus
... has been driven by domestic demand, while exports have shown a weak trend. However, towards the end of 2014 exports showed signs of improving. And with the plunge in oil prices and the low level of interest rates, the foundation for a recovery of the global economy has improved. Hence, prospects for ...
... has been driven by domestic demand, while exports have shown a weak trend. However, towards the end of 2014 exports showed signs of improving. And with the plunge in oil prices and the low level of interest rates, the foundation for a recovery of the global economy has improved. Hence, prospects for ...
simple measures of convergence in per capita gdp: a note on some
... It is conceivable that σ-convergence could also be constant for certain distributions of per capita GDP. Given this possibility, the σ-convergence measure clearly lacks the merit of generality in testing for β-convergence. The potential of this circumstance is seized on by Sala-i-Martin (1995) to re ...
... It is conceivable that σ-convergence could also be constant for certain distributions of per capita GDP. Given this possibility, the σ-convergence measure clearly lacks the merit of generality in testing for β-convergence. The potential of this circumstance is seized on by Sala-i-Martin (1995) to re ...
Demand Disturbances and Aggregate Fluctuations: The Implications
... Thus the short run demand curve slopes down when the maximiser expands hiring and up when it contracts, and the locus of points with minimum total employment - when marginal products are equated at the two firms - is the long-run demand curve. Evidently, marginal products and labour supply might be ...
... Thus the short run demand curve slopes down when the maximiser expands hiring and up when it contracts, and the locus of points with minimum total employment - when marginal products are equated at the two firms - is the long-run demand curve. Evidently, marginal products and labour supply might be ...
Aggregate Demand I: Building the IS
... • Recall from chapter 3 that, the real interest rate is the inflation-adjusted interest rate • To adjust the nominal interest rate for inflation, you simply subtract the inflation rate from the nominal interest rate – If the bank charges you 5% interest rate on a cash loan, that’s the nominal intere ...
... • Recall from chapter 3 that, the real interest rate is the inflation-adjusted interest rate • To adjust the nominal interest rate for inflation, you simply subtract the inflation rate from the nominal interest rate – If the bank charges you 5% interest rate on a cash loan, that’s the nominal intere ...
CH 10 - REVIEW QUESTIONS 1. The short
... C) 5 percent in the short run but will return to its natural rate in the long run. D) 2.5 percent in the short run but will return to its natural rate in the long run. 16. Long-run growth in real GDP is determined primarily by ______, while short-run movements in real GDP are associated with ______. ...
... C) 5 percent in the short run but will return to its natural rate in the long run. D) 2.5 percent in the short run but will return to its natural rate in the long run. 16. Long-run growth in real GDP is determined primarily by ______, while short-run movements in real GDP are associated with ______. ...
Document
... If the capital stock grows faster than employment, then capital per worker will rise, and labor productivity will increase along with it. But if the capital stock grows more slowly than employment, then capital per worker will fall, and labor ...
... If the capital stock grows faster than employment, then capital per worker will rise, and labor productivity will increase along with it. But if the capital stock grows more slowly than employment, then capital per worker will fall, and labor ...
Globalization, Inequality, and Poverty since 1980
... growing integration of economies and societies around the world as a result of flows of goods and services, capital, people, and ideas. The main theme of my paper is that integration accelerates development. Workers with the same skills – be they farmers, factory workers, or pharmacists – are less p ...
... growing integration of economies and societies around the world as a result of flows of goods and services, capital, people, and ideas. The main theme of my paper is that integration accelerates development. Workers with the same skills – be they farmers, factory workers, or pharmacists – are less p ...
PDF - Dipartimento di Economia e Statistica "Cognetti de
... The US has experienced the first wave of the fordist model of growth for some decades since 19086. West Europe, Japan and the four Asian tigers have passed through its second wave in the 1950s and the 1960s. Since the late Sixties the US, Western Europe and Japan have experienced the crisis of the f ...
... The US has experienced the first wave of the fordist model of growth for some decades since 19086. West Europe, Japan and the four Asian tigers have passed through its second wave in the 1950s and the 1960s. Since the late Sixties the US, Western Europe and Japan have experienced the crisis of the f ...
IOSR Journal of Economics and Finance (IOSR-JEF)
... and political instability have a negative imparent on Economic growth in Nigeria. As we are to explain from 1970 to 2012 as to know the impact of natural resources, market size, govt. policies, political instability and the quality of the host country’s institutions on investment. Lower inflation, g ...
... and political instability have a negative imparent on Economic growth in Nigeria. As we are to explain from 1970 to 2012 as to know the impact of natural resources, market size, govt. policies, political instability and the quality of the host country’s institutions on investment. Lower inflation, g ...
Ragnar Nurkse's balanced growth theory
The balanced growth theory is an economic theory pioneered by the economist Ragnar Nurkse (1907–1959). The theory hypothesises that the government of any underdeveloped country needs to make large investments in a number of industries simultaneously. This will enlarge the market size, increase productivity, and provide an incentive for the private sector to invest.Nurkse was in favour of attaining balanced growth in both the industrial and agricultural sectors of the economy. He recognised that the expansion and inter-sectoral balance between agriculture and manufacturing is necessary so that each of these sectors provides a market for the products of the other and in turn, supplies the necessary raw materials for the development and growth of the other.Nurkse and Paul Rosenstein-Rodan were the pioneers of balanced growth theory and much of how it is understood today dates back to their work.Nurkse's theory discusses how the poor size of the market in underdeveloped countries perpetuates its underdeveloped state. Nurkse has also clarified the various determinants of the market size and puts primary focus on productivity. According to him, if the productivity levels rise in a less developed country, its market size will expand and thus it can eventually become a developed economy. Apart from this, Nurkse has been nicknamed an export pessimist, as he feels that the finances to make investments in underdeveloped countries must arise from their own domestic territory. No importance should be given to promoting exports.